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Superannuation

Asset Super completes intl mandates review

RUTH LIEW  |  MONDAY, 15 JUN 2009
Asset Super has made sweeping changes to its international equities and bonds mandates, dropping seven out of eight international equities fund managers and appointing nine new mandates across both asset classes.

Super funds to re-jig mandates

MICHAEL HOBBS  |  MONDAY, 15 JUN 2009
A majority 64 per cent of Australia's major superannuation funds are looking to change their investment mandates to factor in climate change issues, a survey found.

Integrity and Bennelong win HIP mandates

MICHAEL HOBBS  |  MONDAY, 15 JUN 2009
Health Industry Plan (HIP) superannuation is redirecting cash flow to Australian equities, awarding investment mandates to Integrity Investment Management and Bennelong Funds Management.

Tower wins Master Super contract

RUTH LIEW  |  THURSDAY, 11 JUN 2009
The $554 million Master Super has appointed Tower Australia as its new insurer starting 1 July.

SuperTrace wins Heron award

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
The SuperTrace Eligible Rollover Fund (SuperTrace) has received a five star quality rating from the Heron Partnership for the second consecutive year.

LGS boosts green power

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
The $4.6 billion NSW-based Local Government Super has become the first building owner in Australia to convert all of its tenants to 100 per cent GreenPower - making the building completely emission free.

Northern Trust targets EMEA pensions

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
Northern Trust is bringing together the firm's asset management and asset servicing divisions and launching the Retirement Solutions Practice to the European, Middle East and Africa (EMEA) region.

Club Plus overhauls Aussie eq

RUTH LIEW  |  WEDNESDAY, 10 JUN 2009
The $1.3 billion industry fund Club Plus Super has axed the majority of its Aussie equities investment managers - leaving the fund with just four major managers to take care of a $400 million domestic equities portfolio.

AustralianSuper saves $4m per year

RUTH LIEW  |  WEDNESDAY, 10 JUN 2009
The $28 billion AustralianSuper could reap $4 million in savings a year following the fund's increasing shift from active to passive investment mandates.

State Street wins $8b Rio mandate

COMPANY RELEASE  |  WEDNESDAY, 10 JUN 2009
State Street Corporation has been appointed by Rio Tinto to provide investment services for $8 billion in assets.